Mr. Bernanke “Tear Down Your Wall Against Currency Competition!”

On December 9, 2009, Congressman Ron Paul introduced the Free Competition in Currency Act before the US House. The need for this legislation is a clear indication of how far our financial rights and freedoms have fallen in the United States as much of the world outside Washington’s financial iron curtain already have free competition in currencies.

Several weeks ago, I was in Turkey, Israel and Egypt; while vendors were still willing to price most goods and services in dollars as has been the case for decades, a big change now is their preferred foreign currency is the Euro. Of course they still accept the local national paper currency when pushed but the dollar has now been relegated down to Egyptian Pound status as I kept hearing, “no Dollars, we want Euros” over and over again. It appears even the hawkers and money changers in the streets of Cairo understand there is no long-term future for the Washington dollar.

It is the same story today in advanced Switzerland where most goods are now of course priced in the official Swiss currency, the Swiss franc but also in the Euro. Buyers have the option to pay in either currency although change is given back in Swiss Francs.

Comments

You have ONE JOB: Your only job is to do one simple thing, You SWORE an Oath to uphold and defend the United States Constitution. That is your only job: HONOR your Oath of Office and Protect and Defend the United States Constitution and defend the Liberty of the People. Anything else you do is inconsequential. 1. Prove the eligibility of Obama by showing a real Birth Certificate with real facts. The one on his website is not the official Birth Certificate. 2. Cease and desist all Co2 and AGW legislation until the Unbiased FACTS are revealed. Do a complete Investigation of Climate Gate. 3. Cease and desist all deliberation on signing any treaty that cedes US Sovereignty: this includes Copenhagen Treaty, Codex Aliminatarius, Health care legislation, Jay Rockefeller’s internet control bill! This is an act of Direct TREASON ON YOUR PART if you or anyone CEDES US Sovereignty to any entity or acts Contrary to the Constitution. 4. CEASE and DESIST all unconstitutional laws that do not fall into Article I section 8 of the US Constitution. You have no authority to legislate on issues not specifically enumerated in the US Constitution.5. Honor your Oath of office and OBEY Amendment 9 which states: “The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others RETAINED by the PEOPLE”. And Amendment 10 which states: “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are RESERVED to the States respectively, or to the People”. 6. Repeal the Patriot act! It is unconstitutional because it violates the bill of rights right down the line. Do I have to remind you that Amendment IV states: The right of the People to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized. 7. Stay out of FREE SPEECH! Amendment I clearly states: “Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceable to assemble, and to petition the Government for a redress of grievances”. 8. Complete Audit of the Federal Reserve. The FED is unconstitutional from the start. The genesis of the Federal Reserve was passed with 3 Congressmen in the dark of night. The constitution is very clear who is supposed to have the authority to coin money: CONGRESS! You must STOP making unconstitutional laws. 9. It is not constitutional for you to allow the courts to pass laws according to Article III. You are overburdening the system with bills and laws you KNOW are unconstitutional. The Constitution does not give authority to you, our government representatives to lie to us and deceive us, nor does it give authority to the government to act without the consent of the people. When government no longer looks out for the best interest of the people, the government ceases to be the rightful, legitimate government, and as such, it is time to abolish the entire government. “But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security”.

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